tomo logo

$525,000

Beds
3
Baths
1.5
sq ft
1,382

87 44th St, Bloomingdale, MI 49026

87 44th St

Cheshire Twp, MI 49026

  • 44 days on market
Almost 60 acres of incredible farm land and woods. The farmhouse and barns sit high on a hill with panoramic views of the fields and woods. Located on a quiet country road you will love listening to nature not highways.Watch the sunrise, sunset, and star gaze in the night. This property offers incredible views. The home is in the process of a major renovation and the owner spared no expense on the electrical, windows, insulation, and finished spaces. The spacious kitchen features hickory cabinets, granite counters, a huge center island. Open dining and living room offers great entertaining space. The home features 3 bedrooms and currently 1.5 baths, but there is room to make a spa quality primary ensuite bath. The kitchen, dining, living room and bedroom have been updated with new vinylplank floors, fresh drywall, paint, fixtures. Many new Anderson windows. The main bath, primary suite and ensuite are a work in process ready for new owners ideas. Unfortunately the seller is relocating out of state and is having to give up his slice of heaven. 32 acres of this working farm is tillable and leased to produce $7000 yearly of income from renting the land. The woods are excellent for hunting and there are a few spots that would make excellent areas for a pond. Even though this property feels like it is a thousand miles from no where, it is less than 15 minutes to South Haven and Lake Michigan, less than 30 minutes to Kalamazoo and Allegan. This property is perfect to expand your farming, possible venue or airbnb, or just a great place to call home and get away from the hustle and bustle of city living. Come see this majestic property before it's too late.

Details

Property type

Single Family Residence

Lot size

58.88 acres

Price per sq ft

$380

Year built

1930

Annual property taxes

$3,358.55

Price History

11/08/2024
Realcomp

Realcomp #66024058465

Listed
$525,000
11/07/2024
Realcomp

Realcomp #66024058333

Removed
$525,000
11/07/2024
Realcomp

Realcomp #66024058333

Listed
$525,000
+125.32%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bloomingdale

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$441,469
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$41,531
Cash to seller
$441,469

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Honor Cu

Loan start date

December 2016

Original loan amount

$186,400

Est. remaining balance

$41,531

Interest rate

2.78%

Loan type

New Conventional, 10 year

Seller

Shayne Allen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 4:25 AM

Listing updated: 12/18/2024 at 1:15 PM

Listed by: Pamela K Lombard, Chuck Jaqua, REALTOR Phone #: (269) 381-7653

MLS: Realcomp #66024058465

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